WikiLeaks - Saudi government oil executive says crude oil reserves overstated nearly 40%., page 1
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reply posted on 9-2-2011 @ 11:50 AM by poet1b
This is the article I saw on the story. This is huge news, or it should be.

news.yahoo.com...

The latest startling revelation to come via documents leaked to Julian Assange's muckraking website and published by The Guardian is should give pause to every suburban SUV-driver: U.S. officials think Saudi Arabia is overpromising on its capacity to supply oil to a fuel-thirsty world. That sets up a scenario, the documents show, whereby the Saudis could dramatically underdeliver on output by as soon as next year, sending fuel prices soaring.


This last line really stands out.

"the Saudis could dramatically underdeliver on output by as soon as next year, sending fuel prices soaring."

From everything I have read, the Saudis are about to enter into a steep decline in oil production.

Being that this old news is actually being published, it looks like people are starting to wake up to the reality.

This is a huge global game changer. The global economy will have to completely change. Shipping overseas goods is going to get a lot more expensive. Global food supplies are going to have to go through major changes.

The U.S. needs to wake up soon, and start rebuilding its infrastructure for a post oil economy.



reply posted on 9-2-2011 @ 01:15 PM by poet1b
reply to post by HoldTheBeans



Yeah, sure, oil will never run out, never mind they have been pumping salt water into Saudi wells for over a decade now. Never mind that oil is running out as predicted.

And the oil never ran out in Texas either, those wells are filling up with ambiotic oil as we speak.


reply posted on 9-2-2011 @ 03:12 PM by WHOS READY
whats the big deal when we have- www.gizmag.com...

does anybody know if the blokes still alive
edit on 9/2/11 by WHOS READY because: (no reason given)



reply posted on 9-2-2011 @ 05:21 PM by poet1b
reply to post by WHOS READY



The good thing is that a lot technology that has been suppressed can now start to find a voice.

The alternatives are out there, we just need to change our system to adapt.


reply posted on 9-2-2011 @ 08:01 PM by boondock-saint
Originally posted by Vio1ion
That would explain the motivation to drill in the gulf of Mexico despite all the risks. And two wars... and etc...

We should not underestimate the role that oil has on our lifestyle. The TPTB doesn't and I'm also sure that they know how easy a riot can start and expand, not forgetting the possibility of chaotic corruption.

what you haven't stated is that we are only
stuck on oil cuz they won't roll out that
new technology of free energy.

Folks will only get the free energy
when they sign their soul away to
the NWO. And I do NOT intend to
do that.

we have the tech to run our current vehicles
on tap water out of your garden hose but
TPTB can't make a killing off of it so they come
arrest the local mechanic that installs those
lil $200 conversion kits on ur vehicles and
takes away his license to operate and fines
him into bankruptcy. Quite a nice lil present
for somebody trying to help mankind ween
themselves off fossil fuels. Oh and the patents
for this technology are stopped and confiscated
so investors won't invest into private engineers.
TPTB are covering all the angles.

And with all the tech of free energy we have,
they still insist on driving the new green cars
into the new electric age which still runs off
something that is NOT free so they are still
making money whether it be through oil or
electricity. It is a system of control.
One I hope we break free of soon.

And chemtrails out there cloud up the skies
to render your solar panels useless so you
spend more in electricity.

Welcome to the Matrix !!!
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